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A2Z Smart Technologies ( (AZ) ) just unveiled an update.
A2Z Cust2Mate Solutions Corp. has announced the pricing of a US$30 million public offering and a concurrent registered direct offering, with all securities being sold by the company at $6.40 per share. The proceeds from these offerings will be used to further develop and expand A2Z’s business, specifically to fulfill existing smart cart backlog orders, accelerate new client onboarding, and for general working capital purposes, potentially impacting its operational capabilities and market position.
More about A2Z Smart Technologies
A2Z Smart Technologies, trading as A2Z Cust2Mate Solutions Corp., operates within the technology sector, focusing on the development and sale of smart shopping cart technologies. The company is dedicated to enhancing the efficiency of retail operations through its innovative smart cart solutions.
YTD Price Performance: 1.09%
Average Trading Volume: 98,165
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $191.6M
See more data about AZ stock on TipRanks’ Stock Analysis page.
